Our healthcare system is broken, a fact nobody would have disputed in precovid days. Regulatory capture is a reality, and the pharmaceutical industry is fraught with examples. Yet we trusted private-public partnerships to find an optimal solution to a global pandemic, assuming a crisis would bring out the best in historically corrupt institutions.
For those who missed it, Forbes magazine, once owned and managed by the swashbuckling Malcolm S. Forbes Sr., who was an ardent capitalist as well as the Republican candidate for Governor of New Jersey in 1957. His namesake and son, Malcom S. Forbes Jr., known as “Steve” matched his father’s devotion to capitalism and effectively championed the Kemp, Reagan, and Trump tax cuts.
There's a short video showing a British instructor explaining to an Afghan woman why she should appreciate an early 20th-century artist who turned a urinal into conceptual art. The scene epitomizes the failure of Western cultural imperialism.
In 2020, at the World Economic Forum, David Solomon, the CEO of Goldman Sachs, proclaimed that the investment firm wouldn’t take corporations public unless they had at least one “diverse” member on their board.
Fortune 500 corporate boardrooms increasingly have embraced a “woke” agenda — such as Gillette lecturing its shavers about toxic masculinity and Bank of America having guest speakers declare capitalism evil.
In 2019, still settling into his new home in the state’s creepy, gothic governor’s mansion, Gavin Newsom told an Axios interviewer, “California is what America is going to look like.” Then, perhaps reflecting on his Hollywood benefactors, he added for emphasis, “California is America’s coming attraction.”
Steve Forbes criticized American Express (AmEx) for an internal “anti-racist” program that described capitalism as racist and deployed the common tropes of Critical Race Theory (CRT).
